Tag: credit cards
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Financial Illiteracy
Financial illiteracy is the opposite of financial literacy and is the root of financial struggles. Without financial education, you cannot make informed financial decisions. In the past couple of decades, government and employers have shifted responsibility of financial decisions and management to individuals, ranging from retirement plans, health insurance etc. More than ever before, the…
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Using Credit Cards to your Advantage
Credit cards seem to have a bad reputation due to widespread misuse of this piece of plastic. Like most things in life, credit cards are neutral; they can be put into good or bad uses. There are good debts and bad debts, good expenditure and bad expenditure etc. The bad variety makes you poor while…
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Budget Busters – Easy Credit
This is one of the deadliest of all the budget busting monsters due to its seductive and persuasive nature. Credit cards has become the scourge of many family’s finances. Most American families have a credit card debt overhang of $5,000 or more. The use of credit cards are not very widespread yet, but it is…
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Fixing Monthly Credit Card Payments to Get Out of Debt Faster
By Connie Solidad If you’re like many people, you probably think paying what’s requested by your credit card company on each bill is being responsible. As long as you pay what they ask and pay on time, you’re managing your debt well, right? Wrong! While paying the minimum amounts due on your credit card bills…